3i Group to repurchase more of €313.19 million 5.625% notes due 2017

By Susanna Moon

Chicago, Sept. 7 – 3i Group plc said it will continue to buy back its €313,192,000 of outstanding €350 million 5.625% notes due March 17, 2017.

3i Group continues to operate a purchase program to repurchase the notes from time to time through the open market or in private transactions, according to a company notice.

Purchased notes will be canceled.

The purchases are being made to manage liquidity in advance of the bond being repaid from existing cash reserves, the company said.

For more information, call Deutsche Bank AG, London Branch at +44 0 207 545 8011.

The company said on Aug. 4 that it bought back €17,948,000 of the 5.625% notes.

3i Group is a London-based investment manager focused on mid-market private equity, infrastructure and debt management.

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